Oppenheimer Raises Numbers on comScore (SCOR) After Solid Q4
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Price: $6.20 +2.14%
Rating Summary:
9 Buy, 11 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
9 Buy, 11 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Oppenheimer boosted its price target on Outperform-rated comScore (NASDAQ: SCOR) from $24 to $27 following solid Q4 results.
The firm modestly raising '12/'13 estimates on higher margins after the company reported better than expected 4Q results on margins.
"While the stock initially reacted to 1Q guidance that was below Street expectations on a delay in product launches, we believe investors will focus on the FY outlook," the analyst said.
For an analyst ratings summary and ratings history on comScore click here. For more ratings news on comScore click here.
Shares of comScore closed at $23.08 yesterday.
The firm modestly raising '12/'13 estimates on higher margins after the company reported better than expected 4Q results on margins.
"While the stock initially reacted to 1Q guidance that was below Street expectations on a delay in product launches, we believe investors will focus on the FY outlook," the analyst said.
For an analyst ratings summary and ratings history on comScore click here. For more ratings news on comScore click here.
Shares of comScore closed at $23.08 yesterday.
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